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Cryptocurrency market September 29: Bitcoin and Ethereum attempt to rebound

Cryptocurrency market September 29, according to cryptonew: Bitcoin price extended its decline below the USD 42,000 support, but returned above it and is currently rebounding (04:30 UTC). However, there are plenty of hurdles on the top near $ 42,500.

Similarly, most of the major altcoins trade above the major support levels. ETH has settled below $ 3,000 but the bulls are defending $ 2,800 and $ 2,750. XRP is stabilizing near the $ 0.900 pivot level. ADA remains above the critical $ 2.00 support.

Cryptocurrency Market September 29th

Cryptocurrency Market September 29th: Bitcoin Price

After the Bitcoin price closed below $ 43,000, it extended its decline. BTC traded below the $ 42,500 and $ 42,000 support levels. It even got below $ 41,000, but the bulls showed up at $ 40,800. The price is currently rising to $ 42,400. The next major resistance is near $ 42,500, above which price could gain momentum.

On the flip side, instant support is at $ 41,200. The next major support is currently forming near $ 40,800, below which the price could start a steeper decline.

Cryptocurrency Market September 29th: Ethereum Price

Ethereum price settled below the $ 3,000 level and extended the decline below $ 2,900. ETH was trading below $ 2,880 but has remained stable above the critical support of $ 2,750. It rises and can test the USD 2,950 resistance. The main hurdle is now near the $ 3,000 mark.

On further decline, the initial support is at $ 2,800. The main breakout support remains near the $ 2,750 mark.

Crypto market September 29th: ADA, LTC, DOGE and XRP prices

Cardano (ADA) fell below the $ 2.12 and $ 2.10 support levels. It even got below $ 2.05, but the bulls were active above $ 2.00. The price is trading in a range near $ 2.05 with the main hurdle being near $ 2.10. The next major resistance to a major rally is currently forming at $ 2.12.

Litecoin (LTC) is trading under the support of $ 142. It even went below $ 140 before bouncing back above $ 145. If the bulls push the price above $ 148, a move towards the $ 155 resistance is likely. On the downside, $ 140 is an important area of ​​support.

Dogecoin (DOGE) traded below the USD 0.20 support before returning above it. The next big support is near the $ 0.192 level. Any further losses could lead the price towards the USD 0.180 support level.

XRP price has settled below $ 0.950 but the bulls are defending losses below $ 0.88. It is currently near $ 0.900 with immediate resistance at $ 0.935. The first major resistance is at $ 0.950, above which a rally to the key resistance of $ 1.00 is possible.

Important NOTE: All content on the website is for informational purposes only and does not constitute investment advice. Your money, the choice is yours.

Cryptocurrency Market September 29th: Another Altcoin Market

Many altcoins are still down more than 5%, including DCR, REN, LUNA, XTZ, FTM, MANA, AVAX, ONE, ATOM, STX, NEAR, and MIOTA. Conversely, the DYDX rebounded 20% and broke the $ 24 level.

Overall, Bitcoin price remains above the important $ 40,800 support and is currently trying to rebound towards $ 42,500. BTC could accelerate unless there is a clear break below $ 40,800 and $ 40,000.

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XRP price has settled below $ 0.950 but the bulls are defending losses below $ 0.88. It is currently near $ 0.900 with immediate resistance at $ 0.935. The first major resistance is at $ 0.950, above which a rally to the key resistance of $ 1.00 is possible. XRP price has settled below $ 0.950 but the bulls are defending losses below $ 0.88. It is currently near $ 0.900 with immediate resistance at $ 0.935. The first major resistance is at $ 0.950, above which a rally to the key resistance of $ 1.00 is possible. XRP price has settled below $ 0.950 but the bulls are defending losses below $ 0.88. It is currently near $ 0.900 with immediate resistance at $ 0.935. The first major resistance is at $ 0.950, above which a rally to the key resistance of $ 1.00 is possible.
Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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